Wednesday daily cattle summary

02 November 2016

This week at Roma Store, cattle numbers increased 2% to 5,900 head. Quality was plain and all the usual buyers were in attendance. Feedlotters were operating selectively once again, while others bid keenly on plainer steer sections at times. Overall, yearling heifers settled mostly cheaper and cows followed a similar trend.

Throughput at CTLX Carcoar increased 11%, to 1,370 head. It was a fair to good quality yarding this week, with some top lines of well finished grown steers and heifers. Yearling and cow sections also presented in good condition, with a limited number of young trade cattle resulting in a firmer trend.

Consignments at NVLX Barnawartha increased 6%, to 1,700 head. Supported by favourable spring conditions, the quality throughout the offering was outstanding. The usual group of buyers competed in a fluctuating market, with top quality vealers selling mostly to steady demand.

Heavy C2 yearling steers to feed were up 1¢, averaging 344¢/kg

Heavy C2 yearling heifers to slaughter slipped 10¢, averaging 317¢/kg

Heavy C3 grown steers to processors finished 10¢ lower, at 311¢/kg

At the close of Tuesday’s markets:

The Eastern Young Cattle Indicator (EYCI) finished at 661.75¢, down 3¢/kg cwt from where it settled the previous day